BTCFi seems to be cooling down, but for me, the movements of the top 5 are still worth paying attention to @TheTNetwork tBTC. There is a significant gap in the understanding and familiarity with the ecosystem in different regions, which is also the most common issue we encounter with other players in Taiwan. For example, why has Sui gained such a large presence in Taiwan? Part of it is due to players and teams transitioning from the previous Solana period. When it is mentioned that the founder of Sui is Taiwanese @EvanWeb3, it naturally attracts more attention. In addition, there are also efforts from local communities, VCs, and KOLs 🌊🌊. tBTC's layout in the Sui ecosystem is also progressing vigorously, having minted over 120 tBTC on Sui after cross-chain deployment. This collaboration with @AlphaLendSui allows the deposited tBTC assets to earn more rewards through daily compound interest operations. Alphalend itself is developed by the @AlphaFiSUI team. Additionally, the...
tBTC on Sui enters its next chapter 🧵
1/7 Phase 2 introduces cross-chain accessibility for tBTC on @SuiNetwork, including auto-compounding vaults and advanced yield strategies, solidifying Bitcoin's role in Sui's DeFi Ecosystem.
Here's why we're doubling down on Sui👇🏻
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